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Algeria bans trade with Spain, scraps neighborliness treaty
Algeria ordered its banks to suspend processing all import and export operations with Spain, in a recent escalation that followed the suspension of a neighborliness treaty in retaliation against Spain’s sovereign decision in support of Morocco’s sovereignty over the Sahara region. The recent Algerian escalation came after Spanish Prime Minister Pedro Sanchez on Wednesday defended […]
BCP Bank, AfDB Join Efforts in $100 mln Deal to Enhance African Trade
Morocco’s BCP Bank and the African Development Bank teamed up in a $100 million agreement to boost trade between African countries. The deal (risk participation agreement) provides for cooperation to promote trade between African states by meeting the growing demand on financing transactions in the continent, the Moroccan bank said in a statement. The BCP […]
EU stresses Morocco’s strong commitment to cooperation on migration issues
The European Union underlined, Thursday, “the strong commitment” of Morocco to pursue dialogue and cooperation in all areas related to migration. In its report-2022 on migration and asylum, the European Commission (EC) highlighted the cooperation between Rabat and Brussels which “confirmed a strong joint commitment to continue the dialogue and cooperation in all areas related […]



